NOT LISTED FOR SALE

827 East Ave Red Wing, MN 55066

Estimated Value: $210,000 - $324,000

4 Beds
3 Baths
2,288 Sq Ft
$112/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $115,000 $50 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,642/month

26 Days on Market

About This Home

As of April 2015

Excellent opportunity to own an income-producing duplex. Separate entrances and utilities, which renters have been paying. 2 car detached garage. Forced air gas heat, central air. High ceilings on main, wide woodwork. Updated electrical, new windows.

Last Agent to Sell the Property

Timothy Nybo

Coldwell Banker Nybo & Assoc Listed on: 01/22/2015

Last Buyer's Agent

Craig Patterson

J H Callahan & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,914

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55x143

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Range

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,914

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Projected Closed Date: 04/03/2015
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1914
  • Estimated Number of Acres: 0.19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2288
  • Total Fin Square Footage: 2288

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Red Wing #256

Lot Info

  • Estimated Lot Dimensions: 55x143

Building Info

  • Year Built: 1890

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 3000

Tax Info

  • Year: 2014
  • Tax Value: 1914

MLS Schools

  • School District: Red Wing #256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 3, 2015
Sold by
Knopick Michael H and Knopick Rita M
Bought by
Royalty Homes Inc
Seller's Agent
Timothy Nybo
Coldwell Banker Nybo & Assoc
Buyer's Agent
Craig Patterson
J H Callahan & Associates
List Price
$119,500
Sold Price
$115,000
Premium/Discount to List
-$4,500
-3.77%
Current Estimated Value
$255,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,928
Avg. Annual Appreciation
7.91%
Original Mortgage
$90,686
Outstanding Balance
$69,710
Interest Rate
3.7%
Estimated Equity
$186,218
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Royalty Homes Inc -- Goodhue County Abstract
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $90,686
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2015 04/03/15 Sold $115,000 -3.8% $50 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $119,500 -- $52 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,344 $206,000 $34,700 $171,300
2024 -- $202,800 $34,700 $168,100
2023 $3,114 $190,600 $34,700 $155,900
2022 $2,938 $189,400 $34,700 $154,700
2021 $2,718 $162,100 $34,700 $127,400
2020 $2,612 $152,300 $34,700 $117,600
2019 $2,564 $136,800 $34,700 $102,100
2018 $2,160 $135,900 $33,300 $102,600
2017 $2,110 $119,500 $33,300 $86,200
2016 $1,932 $118,300 $33,300 $85,000
2015 $1,866 $113,400 $33,300 $80,100
2014 -- $108,900 $33,300 $75,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Timothy Nybo

    Coldwell Banker Nybo & Assoc

  • C

    Buyer's Agent in 2015

    Craig Patterson

    J H Callahan & Associates

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4710175

REALTOR® Association of Southern Minnesota

APN: 55.125.0010

Minnesota Goodhue County Red Wing 55066

827 East Ave, Red Wing, MN

This home is located at 827 East Ave, Red Wing, MN 55066 since 22 January 2015 and is currently estimated at $255,928, approximately $111 per square foot. This property was built in 1890. 827 East Ave is a home located in Goodhue County with nearby schools including Sunnyside Elementary School, Burnside Elementary School, and Twin Bluff Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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